IPO News Indonesia: Busy Days ahead of Long Trading Holiday
Ahead of the long Idul Fitri holiday seven Indonesian companies were added to the Indonesia Stock Exchange over the past four days, having completed their initial public offerings (IPOs). So far in 2017 a total of 18 companies have gone public in Indonesia, rebounding from a figure of 14 in full-year 2016. It shows investors have become more confident about financial market stability and Indonesia's economic stability.